Bay Island Sarasota

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11 homes for sale

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Nestled in the heart of Sarasota, Bay Island is a coveted waterfront community known as the gateway to Siesta Key, one of the most renowned beach destinations in the world. Offering a seamless blend of natural beauty, luxury living, and a prime location, Bay Island is a true gem in Sarasota real estate.

Bay Island boasts an impressive selection of homes for sale, ranging from elegant waterfront estates to stylish villas. The properties in Bay Island epitomize luxury, offering residents breathtaking views of Sarasota Bay, private boat docks, and expansive outdoor living spaces. Impeccable craftsmanship, high-end finishes, and architectural grandeur are hallmarks of the homes in Bay Island, providing residents with an unparalleled living experience.

Living in Bay Island means being just a stone's throw away from the pristine beaches of Siesta Key. With its powdery white sands and crystal-clear turquoise waters, Siesta Key is a true paradise. Residents of Bay Island have the privilege of easily accessing Siesta Key's beaches, where they can spend their days sunbathing, swimming, and enjoying various water activities.

Bay Island Homes For Sale

Reduced

$18.5 Million

$18,900,000

MLS#MFRA4653658

3799 Flamingo Ave
Sarasota, FL 34242

4

6

8

18,706 SqFt

Pool

Water Front

1.4 Acres

137 Days

$10.5 Million

MLS#MFRA4667420

528 Freeling Dr
Sarasota, FL 34242

5

8

4

7,859 SqFt

Pool

0.52 Acres

2 Days

New Construction

$6.995 Million

MLS#MFRA4610537

3550 Flamingo Ave
Sarasota, FL 34242

4

6

3

6,622 SqFt

Pool

Water Front

0.31 Acres

510 Days

New Construction

$4.95 Million

MLS#MFRA4662402

3607 Flamingo Ave
Sarasota, FL 34242

3

4

3

6,911 SqFt

Pool

Water Front

0.43 Acres

6 Days

$3.5 Million

MLS#MFRA4640849

732 Siesta Dr
Sarasota, FL 34242

3

5

2

5,308 SqFt

Pool

Water Front

0.44 Acres

220 Days

$3,200,000

MLS#MFRA4661294

428 Siesta Dr
Sarasota, FL 34242

2

2

2,163 SqFt

Water Front

0.48 Acres

45 Days

$2,795,000

MLS#MFRA4666528

548 Siesta Dr
Sarasota, FL 34242

3

4

2

4,873 SqFt

Pool

Water Front

0.38 Acres

4 Days

Reduced

$2,750,000

$3,200,000

MLS#MFRA4632039

508 Siesta Dr
Sarasota, FL 34242

3

3

4

6,544 SqFt

Pool

Water Front

0.35 Acres

300 Days

$1,799,000

MLS#MFRA4665123

854 Norsota Way
Sarasota, FL 34242

2

2

2

4,302 SqFt

Pool

0.38 Acres

14 Days

Reduced

$1,699,000

$1,799,000

MLS#MFRA4648764

763 Siesta Dr
Sarasota, FL 34242

4

3

2

2,622 SqFt

0.3 Acres

175 Days

Reduced

$1,295,000

$1,495,000

MLS#MFRA4646562

3455 Flamingo Ave
Sarasota, FL 34242

3

2

2

4,737 SqFt

Pool

0.19 Acres

193 Days

You may also be interested in Bay Island in South Pasadena.

11 Active Listings in Bay Island

In addition to the allure of Siesta Key, Bay Island is also in close proximity to other nearby islands. Longboat Key, with its upscale resorts, championship golf courses, and serene beaches, offers residents endless opportunities for leisure and relaxation. St. Armands Key, known for its vibrant shopping and dining scene, is a short drive away. Lido Key, with its beautiful beaches and renowned St. Armands Circle, is also within easy reach. Bay Island residents have the luxury of exploring these neighboring islands and experiencing the best that Sarasota has to offer.

Bay Island not only offers an idyllic waterfront setting but also provides a close-knit community atmosphere. Residents can enjoy the community's amenities, such as a private clubhouse, tennis courts, and lush tropical landscaping. The community's location on Bay Island Drive ensures a peaceful and serene environment, away from the hustle and bustle of the city.

When it comes to luxury real estate, Bay Island stands out as an exceptional choice in Sarasota. The homes for sale in Bay Island, with their prime waterfront locations and luxurious features, cater to the most discerning buyers. Whether you seek a grand estate with panoramic bay views or a charming villa nestled in a serene setting, Bay Island has the perfect home to suit your lifestyle.

In conclusion, Bay Island offers an exclusive and luxurious lifestyle in Sarasota. As the gateway to Siesta Key and with its proximity to Longboat Key, St. Armands Key, and Lido Key, Bay Island provides residents with access to world-class beaches, upscale amenities, and a vibrant Sarasota real estate market. Experience the epitome of luxury living in Bay Island, where breathtaking views, impeccable design, and an unmatched location create a truly extraordinary living experience.

Bay Island Community Summary

Bay Island is a luxury waterfront community of single family homes in Sarasota, Florida, with a range of options priced between $595,000 and $18,500,000. There are currently a total of 11 homes for sale on Bay Island. The smallest Bay Island home presently available is a two bedroom two bathroom residence that is 2,163 square feet (1,667SF Under Air living space), and the largest of the Bay Island homes currently on the market has five beds and seven baths and is a 18,706 square foot (8,138SF Under Air) residence.

Pets are allowed in Bay Island. Dogs and cats are allowed.

There are three commercial airports that serve Bay Island - Sarasota Bradenton International (SRQ), which is seven miles away; Punta Gorda (PGD), which is 43 miles away, and Tampa International (TPA), which is 47 miles away.

Bay Island real estate activity on the Sarasota MLS during the past year (as of October 2025) reflects eleven homes changing hands, with an average asking price of $2,176,727 and an average selling price of $1,845,364. This represents a list-to-sell price ratio of 85% and $443 per square foot. During this period, Bay Island homes for sale have taken an average of 56 days to sell.

In addition, there are numerous other communities in Sarasota to choose from, or you may browse all available Sarasota Real Estate, including some new construction opportunities. Homes for sale in Bay Island are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront home in Bay Island hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Florida real estate needs.

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.